Income tax department wrongly imposing late filing penalty despite filing ITR in time, several processing errors ...

The more state government funds itself off of sales taxes — rather than income taxes — the more regressive it becomes.

Delhi High Court held that review petition partake the character of pending proceedings and hence the gets covered under ...

Hyderabad: The income-tax department has collected Rs 66,267 crore in taxes in Telangana and Andhra Pradesh as on December 2 ...

The Supreme Court on Monday set aside an Income Tax Department notice towards reassessment proceedings initiated against ...

Resident analyst dissects effects of state’s tax structure, federal tax cuts, COVID, investment income and remote work on ...

Tax collections in West Virginia are tacking close to revenue estimates for the first five months of fiscal year 2025 thanks ...

TOPEKA – The State of Kansas ends November 2024 with total tax collections at $675.5 million. That is $25.4 million, or 3.6%, ...

He used his untaxed gains to fund his personal lifestyle, which included buying high-end vehicles and a $1 million home, DOJ ...

Karnataka High Court issued a judgment in favor of IBM India Private Limited, directing the Income Tax Department to refund a total amount of Rs.154,08,41,927 with applicable interest. This refund ...

As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in ...